Ukraine expects higher onion prices

In Ukraine, the supply of winter vegetables is decreasing rapidly, and onion prices may rise to last year's levels after the new year. Ukrainian analyst Maxim Gopka explains why onion prices are expected to rise despite a bountiful harvest this year. Currently, prices remain moderate thanks to a good onion yield from Ukrainian growers. However, as the New Year approaches, a traditional peak in demand for this essential ingredient in many festive dishes, a price increase is inevitably looming. Gopka highlights the two main factors that influence onion prices: the stock in storage and the cost of onions in the countries from which Ukraine imports them. According to the analyst, more than half of the winter vegetable stock in domestic storage has already been depleted, with about 60% of Ukrainian fruits and vegetables already sold. Therefore, Ukraine is likely to start ...